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Bitcoin ETFs Extend Inflow Streak To 6 Days Ahead Of Fed Speech: Here's What Powell Needs To Say To 'Fuel Strong Bullish Momentum'
Friday, August 23, 2024 - 8:29am | 795The cryptocurrency market is witnessing divergent trends in exchange-traded fund (ETF) flows as investors position themselves ahead of Federal Reserve Chair Jerome Powell‘s anticipated speech at Jackson Hole. What Happened: Bitcoin spot ETFs are riding a wave of positive sentiment, marking...
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Spot Bitcoin ETFs Will Soon Own More BTC Than Satoshi, Analysts Predict, But Another Fund Is The 'Most Volatile ETF Ever' In The US
Thursday, August 22, 2024 - 2:21pm | 715In an interview with crypto influencer Scott Melker, Bloomberg ETF analysts James Seyffart and Eric Balchunas highlighted both the challenges and successes of the new spot cryptocurrency ETFs. What Happened: On the latest episode of Melker’s podcast, Balchunas emphasized the resilience of...
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Bitcoin Back Above $61,000 As ETFs Record Fifth Straight Day Of Inflows
Thursday, August 22, 2024 - 8:32am | 556Bitcoin spot ETFs recorded a total net inflow of $39.425 million on Aug. 21, showcasing continued investor interest despite looming economic uncertainties. What Happened: This positive trend comes as Bitcoin‘s (CRYPTO: BTC) price surged above the psychologically significant $61,000 mark to...
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Bitcoin, Ethereum Down 2% Despite ETF Flows, But One Cryptocurrency Is Up 12%
Wednesday, August 21, 2024 - 7:27am | 817Spot Bitcoin ETFs saw significant inflows while Ethereum ETFs experienced net outflows on Tuesday, as the broader crypto market faces downward pressure, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) both trading lower on Wednesday morning. What Happened: Spot Bitcoin ETFs on Aug. 20...
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Bitcoin ETFs Vs. Ethereum ETFs: How Do They Compare One Month Into The ETH ETF Launch?
Tuesday, August 20, 2024 - 8:57am | 870One month after the Ethereum ETF launches, institutional investors have continued to hold and even increase their exposure to cryptocurrency via ETFs. What Happened: According to new data, while Bitcoin (CRYPTO: BTC) struggles to regain momentum, Ethereum (CRYPTO: ETH) is beginning to gain traction...
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Institutional Bitcoin ETF Investors Display Diamond Hands Despite Market Volatility, Says Bitwise CIO
Monday, August 19, 2024 - 9:46am | 528Institutional investors are showing resilience in the face of market volatility, according to Matt Hougan, Chief Investment Officer at Bitwise Invest. What Happened: In a fresh analysis of Q2 Bitcoin (CRYPTO: BTC) 13-F filings, Hougan highlighted a 30% increase in institutional involvement with...
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Bitcoin, Ethereum Start The Week Down 2.5%—Are Modest ETF Flows To Blame?
Monday, August 19, 2024 - 8:35am | 504Digital asset investment products witnessed modest inflows of $30 million over the past week, reflecting a cautious market environment influenced by recent macroeconomic developments. What Happened: Despite these gains, the broader cryptocurrency market continues to experience significant...
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Bitcoin Spot ETFs See Muted Inflows As Negative Funding Rates Signal Bearish Sentiment
Friday, August 16, 2024 - 8:18am | 495In a sign of cautious investor sentiment, Bitcoin (CRYPTO: BTC) spot ETFs experienced modest net inflows on Aug. 15, totaling just $11.1 million. What Happened: This muted enthusiasm comes as funding rates for Bitcoin futures on major exchanges turn negative, potentially signaling bearish short-...
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Enjoy Ethereum's Rally While It Lasts, Warns 10x Research
Tuesday, August 13, 2024 - 1:45pm | 548Ethereum (CRYPTO: ETH) investors might want to enjoy the current rally, but it may be short-lived, according to a new report by 10x Research. What Happened: Despite a recent rebound in the Ethereum/Bitcoin ratio, the analysts warn that this could be another bear market rally rather than a sustained...
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Bitcoin, Ethereum ETFs Saw Small Net Inflows On Monday As Price Stabilizes Around $59K
Tuesday, August 13, 2024 - 8:47am | 471Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs) have shown divergent trends in capital flows on Tuesday, according to data from SoSoValue. What Happened: As of Aug. 12, U.S. Bitcoin spot ETFs reported a daily total net inflow of $27.87 million, with cumulative total...
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Bitcoin, Ethereum ETFs Saw $176M Net Inflows Despite Market Correction Last Week
Monday, August 12, 2024 - 1:02pm | 516Digital asset investment products experienced a substantial influx of capital last week, with net inflows totaling $176 million. What Happened: This surge in investment comes as investors viewed the recent price weakness as an attractive buying opportunity, according to the latest report from...
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Bitcoin Approaches $60,000, Bitcoin ETFs Bought The Dip On Wednesday
Thursday, August 8, 2024 - 12:58pm | 592Bitcoin (CRYPTO: BTC) is gaining ground on Thursday, pushing closer to reclaim the $60,000 mark, as Bitcoin ETFs bought the dip on Wednesday. The total net inflow for Bitcoin spot ETFs on Aug. 7 stood at $45.1387 million, but the news was not entirely positive, according to data from SoSo Value....
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Ethereum Sell Pressure: Jump Trading Offloads $29M, $63M More On The Horizon
Wednesday, August 7, 2024 - 10:14am | 478Prominent market maker Jump Trading has continued its aggressive selling of Ethereum (CRYPTO: ETH), having transferred another 11,500 ETH to a selling address. What Happened: This brings the total amount of the crypto sold in recent weeks to over 36,000, but, according to blockchain sleuth EmberCN...
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How Bitcoin, Ethereum ETFs Digest The Crash Which Gave Traditional Finance 'A Taste Of A Regular Day In Crypto'
Wednesday, August 7, 2024 - 7:55am | 617In a week marked by significant market turbulence, the cryptocurrency exchange-traded fund (ETF) landscape experienced divergent trends on Aug. 6, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs moving in opposite directions. What Happened: This movement comes against a backdrop of...
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Bitcoin, Ethereum ETFs See Mixed Flows As Donald Trump Doubles Down On Crypto
Tuesday, August 6, 2024 - 5:47am | 669The cryptocurrency ETF landscape experienced divergent fortunes on Aug. 5, with Bitcoin (CRYPTO: BTC) based products witnessing significant outflows while Ethereum (CRYPTO: ETH) focused funds attracted fresh capital. What Happened: Bitcoin spot ETFs reported a total net outflow of $168 million on...